Tracking Expenses!!

June 10th, 2008 at 01:13 pm

I have tried tracking my expenses before too, but I have failed miserably every single time. I am trying it one more time, and failing is not an option this time around. Today is the tenth day of the month and I am happy to report that I have not lost track of my expenses, YET.

One question for those who keep track of expenses, do you track it based up on cash (meaning when you pay it out) or based up on when it is accrued?

I've started tracking expenses - fixed, variable and non-allocated - this month. Thus far, it's going well. I do agree that the reality is different from the perception, Nika. That's why it's important to keep track, otherwise, overspending will become one's rule rather than the exception. I certainly don't want it to become mine.